Teads (TEAD) CEO has 42,997 shares withheld to cover tax on equity awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teads Holding Co. Chief Executive Officer David Kostman reported routine share dispositions tied to tax withholding, not open-market trading. On June 5, 2026, a total of 42,997 shares of Common Stock were withheld by the company to cover tax obligations.
The footnotes explain these shares were withheld upon vesting and settlement of restricted stock units and performance stock units under Teads’ equity incentive plans in transactions exempt under Rule 16b-3. These events reflect compensation-related tax payments while Kostman continues to hold a large remaining equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Kostman David
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 28,411 | $1.22 | $35K |
| Tax Withholding | Common Stock | 7,870 | $1.15 | $9K |
| Tax Withholding | Common Stock | 6,716 | $1.15 | $8K |
Holdings After Transaction:
Common Stock — 1,525,026 shares (Direct, null)
Footnotes (1)
- Shares withheld by the Issuer to cover tax obligations arising upon vesting and settlement of restricted stock units under the Issuer's 2007 Omnibus Securities and Incentive Plan in a transaction exempt under Rule 16b-3. Shares withheld by the Issuer to cover tax obligations arising upon vesting and settlement of restricted stock units under the Issuer's 2021 Long-Term Incentive Plan in a transaction exempt under Rule 16b-3. Shares withheld by the Issuer to cover tax obligations arising upon vesting and settlement of performance stock units under the Issuer's 2021 Long-Term Incentive Plan in a transaction exempt under Rule 16b-3.
Key Figures
Shares withheld for taxes: 42,997 shares
Tax-withholding block 1: 6,716 shares at $1.15/share
Tax-withholding block 2: 7,870 shares at $1.15/share
+2 more
5 metrics
Shares withheld for taxes
42,997 shares
Common Stock withheld for tax obligations on June 5, 2026
Tax-withholding block 1
6,716 shares at $1.15/share
Common Stock tax-withholding disposition, direct ownership
Tax-withholding block 2
7,870 shares at $1.15/share
Common Stock tax-withholding disposition, direct ownership
Tax-withholding block 3
28,411 shares at $1.22/share
Common Stock tax-withholding disposition, direct ownership
Post-transaction holdings example
1,525,026 shares
Common Stock held directly after one reported transaction
Key Terms
restricted stock units, performance stock units, Rule 16b-3, tax-withholding disposition, +1 more
5 terms
restricted stock units financial
"arising upon vesting and settlement of restricted stock units under the Issuer's 2007 Omnibus Securities and Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance stock units financial
"arising upon vesting and settlement of performance stock units under the Issuer's 2021 Long-Term Incentive Plan"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Rule 16b-3 regulatory
"in a transaction exempt under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for Common Stock on June 5, 2026"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Long-Term Incentive Plan financial
"under the Issuer's 2021 Long-Term Incentive Plan in a transaction exempt under Rule 16b-3"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
FAQ
What did Teads (TEAD) CEO David Kostman report in this Form 4?
Teads CEO David Kostman reported share dispositions related to tax withholding, not open-market sales. On June 5, 2026, 42,997 Common Stock shares were withheld by the company to cover tax obligations from equity awards vesting.
Were Teads (TEAD) CEO’s transactions open-market sales or tax withholding?
The transactions were tax-withholding dispositions, not open-market sales. Shares were withheld by Teads to cover tax liabilities arising from vesting and settlement of restricted and performance stock units, in transactions exempt under Rule 16b-3.
Which Teads (TEAD) equity plans are referenced in David Kostman’s Form 4?
The Form 4 references Teads’ 2007 Omnibus Securities and Incentive Plan and its 2021 Long-Term Incentive Plan. Shares were withheld to pay taxes on vested restricted stock units and performance stock units granted under these plans.